On the upside it might be a great chance for Lufthansa to invest some more money into bmibaby, get rid of those B733 and replace them with A319 for example...
just to give you a taste of it - registered since 2002:
Whois Record
Domain name: britishwings.co.uk
Registrant: Deutsche Lufthansa AG
Registrant type: Non-UK Corporation
Registrant's address: Airportring Frankfurt/Main 60546 DE